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Tag: Bitcoin Law

For the second time, Nano’s developers and other parties are facing a class action lawsuit. The lawsuit names Francesco Firano, Nano as an entity, BitGrail, and four others in a lawsuit proposed Friday in a California federal court. Among the allegations against them are fraud and violations of the Securities Act. The lawsuit alleges the

For the second time, Nano’s developers and other parties are facing a class action lawsuit. The lawsuit names Francesco Firano, Nano as an entity, BitGrail, and four others in a lawsuit proposed Friday in a California federal court. Among the allegations against them are fraud and violations of the Securities Act. The lawsuit alleges the

Amidst a dreadful year for crypto investors, a significant upside to the dismal performance of their assets could be that the losses could end up saving them a significant amount of tax if they understand how to record and file appropriately. Under the U.S. tax code, bitcoin investors who got “rekt” in 2018 can use

According to a local Romanian news outlet Ziar de Cluj and others, Vlad Nistor — the CEO of Romania-based Bitcoin exchange CoinFlux — has been detained on behalf of the US government and is awaiting extradition. He was arrested in the city of Cluj-Napoca on Tuesday, according to another outlet. The crypto exchange has not disclosed

The Financial Action Task Force (FATF) revealed that crypto exchanges operating in the United Kingdom pose low money laundering (ML) and terrorist financing (TF) risks. The global standard setter for ML/TF published a report to evaluate the overall efforts that the UK has put in combating the money-related illegal activities. As the study touched on

Skattestyrelsen (SKAT), the Danish tax agency, has accelerated crackdown against a large number of nationals who secretly traded bitcoin on a Finnish crypto exchange. According to information shared by the Swedish Tax Agency, a total of 2,700 Danes purchased circa $5.80 million worth of bitcoins from the exchange but sold them back for $6.1 million in

According to data obtained from the source – the New York Department of Financial Services itself – the financial regulator has only responded to 9 of 36 BitLicense applications submitted since 2015. Five have been denied, four have been approved, the rest are still going through the process. Fortune writer Robert Hackett became interested in

After reporting on the story that Miami-based UnitedCorp had filed suit against Roger Ver, Jihan Wu, Bitmain, Bitcoin.com, and Kraken exchange, CCN had the opportunity to talk to Lawry Trevor-Deutsch, Vice President of Corporate Affairs, about the motivation for the lawsuit. The first thing that should be disclosed is that UnitedCorp says that it is not

CCN previously reported on a move by Coinbase to trademark the crypto rallying cry “BUIDL,” but it turns out there’s nothing to fear. According to Coinbase CTO Balaji Srinivasan, Coinbase has no interest in actually using the trademark in any way that prevents others in the community from using it themselves. They’re doing so for

A company by the name of UnitedCorp is taking a number of Bitcoin Cash actors to court today, filing documents that very clearly outline what they believe to have been a conspiracy which worked out to their detriment. UnitedCorp is short for United America Corporation, a Florida firm which works in experimental blockchain technologies including